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TEN
$TRATEGIE$ FOR $UCCE$$
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Successful
small businesses use successful
strategies. Here’s a selection
of smallbiz success strategies from
Business for Beginners
and Big Ideas from Big
Ideas for Growing Your Small Business
to help you start up and stay successful.
Watch this page for new strategies,
and if you have a good tip, e-mail
it to us and we’ll include
it on this page and credit you with
the tip. |
$UCCE$$ $TRATEGY: Learn How
to Think on Your Feet!
If you lack confidence and
communication skills, take
a course through Toastmasters.
It will teach you the necessary
verbal and time management
skills, how to think on your
feet and carry on a winning
conversation – all in
a supportive and positive
environment. To find out more
about Toastmasters, visit
http://www.toastmasters.org.
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$UCCE$$ $TRATEGY: Get Help
If you are starting a business
to accommodate juggling family
jobs, explore services available
in your community to help
you. You may need a babysitting
exchange, a home-care nurse,
or even a “gofer”
to do some odd running around.
You cannot do it all, and
your business – and
you – will suffer if
you try.
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$UCCE$$ $TRATEGY: Politeness
Pays Off
Good manners, politeness and
attentiveness to your customers’
needs ensures repeat business.
Customers need to feel that
they are important to you.
The same principles apply
to dealing with your trade
suppliers, employees, business
contacts and even the competition.
Never burn your bridges by
treating people badly, and
respect those with whom you
deal.
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$UCCE$$ $TRATEGY: Improve
Your Writing Skills
People are quickly judged
by their written skills, or
the lack of them. When letters
or flyers are received with
obvious grammatical errors,
99 percent immediately judge
that company as unprofessional
and recycle the literature.
This is your first –
and often last – foot
in the door. If you need to
tune up your written skills,
take a course or read books
on writing business letters.
A course on creative writing
can be a tremendous benefit
for marketing your business.
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$UCCE$$ $TRATEGY: Stay in
Touch
There is nothing more frustrating
to a customer than not having
telephone calls or e-mails
promptly returned. Make it
a practice to check messages
and e-mails regularly and
to return calls. This is an
important part of customer
service and your customers
will appreciate you “going
that extra mile.”
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From:
Business for Beginners, 3rd edition.
BIG IDEA: STUDY PREVIOUS CUSTOMERS
Look at past sales records
and see where your business
has come from. If over 60
percent is local, then your
marketing should focus locally.
However, if your service—such
as a consulting business—can
be diversified outside of
your community, calculate
what physical boundaries are
practical. Take into consideration
traveling time and your hourly
billing rate. Is it profitable
to travel farther afield?
Or could the networking contacts
help to build your reputation
and hence your business?
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BIG IDEA: DON’T MAKE
CUSTOMERS WAIT
An Angus and Reid poll conducted
recently in Canada asked 1,500
consumers about service. The
average person will not wait
more than two minutes in a
line-up before leaving the
store, and they want to be
served by knowledgeable people.
Forty percent stated that
they did not return to stores
when these problems were experienced.
Being an expert is important
to the consumer, as is prompt
service. Compared to your
competition, are you currently
offering the same or better
service and expertise to your
clients? If your answer is
no, then get to work to remedy
this.
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BIG IDEA: GET PAID TO NETWORK
You are paid to teach adult
education classes, with hourly
rates ranging from $20 to
$70. What an added bonus!
Your students all are potential
clients, so this is a win-win
situation. When the course
is finished, you have developed
that necessary relationship
of trust with your students.
If they need help, who will
they call first?
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BIG IDEA: START A “BRAG
BOOK”
Few people realize the value
of using evaluations, testimonials,
and “brag books”
as marketing tools. Have you
ever seen an interior decorator’s
brag book or a model’s
portfolio? These are their
most important selling tools.
Surely you have made a final
decision based on a testimonial.
Start a “brag book”
as there are always satisfied
clients who will give you
written testimonials. Where
practical, include “before
and after” photos.
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BIG IDEA: REVIEW YOUR CURRENT
OVERHEAD
If you haven’t made
a habit of perusing your financial
figures, why don’t you
start now? Waiting until year-end
is too late. Get your figures
up to date then sit down with
your accountant and review
your current overhead costs
with a fine tooth comb. Your
general ledger lists each
expense, when it was incurred,
who to and the amount. Particularly
review expenses where you
do have control —you
can’t control rent,
but you can control marketing,
office and telephone costs.
See where you are being frivolous
and trim those unnecessary
expenses.
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From
Big Ideas for Growing Your Small
Business
McGraw-Hill Ryerson Ltd.
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